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Message: $0.06

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sherwood

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Re: $0.06

in response to $0.06 by bushwhacker

posted on Aug 21, 08 05:28AM

There's been some interesting discussion on the stockhouse board though all speculation no doubt...with a basher now involved to boot.

I'm definitely in the camp that believes that as the sp declines and stays low SLAM becoms a tempting takeover target. As someone else posted, a takeover of $0.10 offers a decent premium to current prices for $8 MIL. And BN for example with $4MIL in cash would easily be able to arrange financing for the rest. Then lo and behold, they suddenly have more feed for their mill. I know just speculation but I can't help stop thinking that something is a brewin' !

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